Unit Appears to Contain

How the "Max Bid" system works

The StorageTreasures auction system accepts bids in increments of $10 ($10, $20, and so on). If you prefer,
you can monitor auctions very closely and respond to the bids of other buyers in real time. However, you also
have the option to use a Proxy Bidding strategy. If you already know the maximum bid that you are willing to
submit, you can enter the entire amount in advance, and your maximum bid - which is NOT visible to other buyers
- is committed to bids in the smallest possible increments so that you may not need to pay out the entire amount
to win an auction.

For example, if the high bid for an auction is currently $30, and you decide to make your Maximum Bid $100, your
initial bid is really only for $40, with the remaining $60 held in reserve, to be used if needed. So if another
buyer then bids $50, your bid is automatically increased to $60. If that turns out to be the winning bid, then the
other $40 you had in reserve is not applied - and yours to keep. Otherwise, you are only notified of other bids if
and when another buyer exceeds your max bid. Using a Proxy Bidding strategy is a good way to participate in more
auctions with the least amount of bid tracking!

Additional Information

Notice to Buyers: This is to inform the buyers prior to the sale that all bidders must register with Storage Treasures and by doing so acknowledge these rules of the auction.

1. StorQuest reserves the right to cancel any sale if the bids are, in the discretion of StorQuest, unreasonable.

2. Buyer acknowledges that he or she is bidding on all items within the unit and all items must be removed within 72 hours and the unit must be cleaned. In the event that Buyer does not remove all items or does not leave the unit clean within this deadline, StorQuest may charge the Buyer its costs in removing such items and/or cleaning the unit.

3. When the Buyer has been awarded the unit he/she must pay cash upon conclusion of the auction for the unit in the amount of the bid plus any percent surcharge to the auctioneer and unless a valid reseller certificate if provided tax must also be paid on the amount of the bid. The surcharge percentage will be announced prior to the start of any auction.

4. The Buyer must provide a $100 security deposit and must remove all goods within a seventy-two hour period or the goods will become the property of StorQuest, unless, the Buyer signs a lease agreement for said unit, and pays the current month’s rent in full. Failure to remove all goods or sign a lease will result in Buyer forfeiting the security deposit and incurring a disposal fee. Buyer is responsible for securing the unit holding such property until the items are removed from the facility. This facility will not refund money for goods paid for and not removed in accordance with the deadline. Bidder releases StorQuest from responsibility for the disposal of said property.

5. It is the Buyer’s responsibility to immediately return all personal property, papers, photos, legal documents, tax returns, bank statements, yearbooks, etc. to StorQuest for return to tenant in the future.

6. The Buyer acknowledges that in certain circumstances StorQuest may contact the Buyer and request that certain items be purchased back in order to prevent any court action with said tenant, the Buyer also agrees to sell to StorQuest such items for (a) the cost at which Buyer purchased such items plus (b) any reasonable actual costs incurred by Buyer in connection with such items.

7. Buyer agrees to make a written bid on all units viewed, even if such a bid is for zero amounts.

8. This agreement pertains to this and all future sales this Buyer attends at any StorQuest facility.

9. StorQuest reserves the right to refuse entrance to any Buyer at future auctions due to failure to follow these rules or any other unacceptable behavior at the auction.

10. Bidders acknowledge that bid rigging and / or collusion is a felony and a violation of the Sherman Antitrust Act. All suspected instances will be reported to the U.S. Justice Department.

11. All bidders agree to hold harmless and indemnify StorQuest, auctioneer, and Auction Company from any and all claims.

12. Bidders must be at least 18 years old.

13. Photography and video recordings are not permitted on StorQuest property without the written consent of StorQuest.

14. StorQuest reserves the right to limit registration for the auction, once registration is closed no further buyers will be permitted.

15. Employees and family members of employees are not permitted to participate in any StorQuest auctions as this creates an unnecessary conflict of interest.

16. All auctions are WITH RESERVE and therefore all units may be withdrawn from sale at any time by StorQuest.

17. A sale is not deemed completed until all money due is paid by the high bidder at the auction and received by StorQuest and all property is removed from the unit by the high bidder or a lease is executed for the rental of the unit. A bidder’s remedy for a cancelled sale is limited to the return of the money paid for the unit at auction.

18. StorQuest does not accept any liability on the goods purchased at the time of the sale. Goods purchased are in an “AS-IS” condition. No guarantees or warranties of any type or kind are expressed or implied with the purchase of any items. ALL SALES ARE FINAL!

Auction Rules

NOTICE TO BIDDERS: When placing a bid, the buyer accepts the fact that he or she is
entering into a legal binding contract. The following auction rules apply. (Highlights from Terms of Use)

$10 Bid Increments

Bids placed within the last 3 minutes will extend the auction so 3 minutes are added to the remaining
time (refresh your screen often to see the most updated bid amount)

If you have a basic plan on StorageTreasures your buyer's premium is 15%. If you are a Pro Member your
buyer's premium is only 10%. Upgrade for only $10 and Save!

In addition to the buyer premium, a 10% deposit of the sale price will be charged to the card on file.

The defaulted tenant has the legal right to cure the account thus cancelling the auction up until the
cash payment is received from the winning bidder unless otherwise stated in the state's lien laws or by
the storage facility.

The cleaning deposit may vary by storage facility. Please check information for each auction.

The storage facility is responsible for collecting the cleaning deposit

Clean out time may vary by storage facility. Please check information for each auction

Sales tax may be collected at the facility unless verification of exemption is provided

All auction unit(s) are subject to cancellation by the storage facility

Bidders are liable for their winning bids and associated premiums, taxes, and fees regardless of whether
they claim the property in the auction unit(s)

By registering and bidding on StorageTreasures.com, an auction buyer agrees not to dispute any credit
card charges processed through this site.

Violation of any terms may prevent you from using the StorageTreasures services

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StorageTreasures.com is the internet's leading storage auction information portal, online storage auction marketplace and local self storage locator. By offering the most comprehensive self storage auction schedules available on the internet, the site has amassed the world's largest storage auction audience. In addition to storage auction hunters, the site serves auctioneers, appraisers, pickers, yard sale buyers, self storage customers and facility owners throughout the US and Canada. Recent additions to the company's site include ProTraining for those looking for full or part-time income, yard sale and estate sale listings, online storage auctions and the TreasureChest, an online showcase for members to browse, buy or sell items in the StorageTreasures.com Marketplace. StorageTreasures.com has appeared on A&E's Storage Wars, Fox11News Los Angeles and ABC 6 Philadelphia.

OpenTech Unveils New StorageTreasures.com Website

PHOENIX, ARIZONA – August 2nd, 2016 – Today, OpenTech Alliance Inc., announced the rollout of a redesigned platform for the StorageTreasures website. The redesign enhances the user experience offering better support for the 7,500 plus storage facility clients who have made StorageTreasures their first choice for online and onsite storage auction services in the United States and Canada. The new site, which provides a more dynamic bidding experience for over 900,000 registered members, is showcased at www.StorageTreasures.com.